Hanscom Federal Credit Union Blog

College Costs: How to Prevent a Teenage Financial Disaster

Posted by Bill Burpeau on Apr 24, 2013 1:00:00 PM

Teenage Financial DisasterIf your teen is soon to be entering college, the time to get their financial house in order is before they leave home.  Learning the basics of managing money to a budget is imperative to preventing them from being guided by misinformation from peers or even poor financial advice from unscrupulous "financial advisers".

The latest article in our C-Note site for teens gives sound advice about preparing your children to deal with the day to day financial decisions that will come their way when they leave home.  It begins:

"As if paying for tuition isn’t enough to clean out your savings account, when you go to college, you still have to pay for the everyday essentials.

How are you supposed to pull it off?"  Click here to read the full article.

Get everything you need to teach your teen how to budget and manage their money well. Our Teens and Money eBook covers many important financial topics including:

  • Money Management
  • Buying a Vehicle
  • Checking and Savings Accounts
  • Credit Cards
  • Investing

Topics: Money Management

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